• Simple Information About Mortgages

  • De: Siam Maxie
  • Podcast

Simple Information About Mortgages

De: Siam Maxie
  • Sumário

  • Have you ever wondered why some people get approved for a mortgage loan and others don't? Well wonder no more! The Mortgage Maven is back, re-branded and sharing Simple Information About Mortgages (SIAM)! We will discuss common pitfalls, misconceptions & tips on how you can obtain a mortgage loan and turn your home ownership dreams into homeownership realities Siam Maxie (NMLS#1093963)
    Siam Maxie
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Episódios
  • Lean Back to the basics
    Sep 11 2024

    What you know can hurt you

    AI - When where what is AI

    Do you know more than your lender

    Don't tell the lender how to do their jobs, if you know more than they do then you should 1. Become a lender or 2. Change lenders

    Be still & listen

    Section 7 and/or Programs that helps you purchase a home

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    18 minutos
  • FHA New Guidelines....Oh It Aint My Faught
    Aug 28 2024

    Enough about the NAR Settlement

    Other Developments affecting our ability to purchase

    1 Month Reserve - 1 to 2 units

    3 Month reserves - 3 to 4 units

    6 months reserves above 43% debt-to-income ratio

    Oh...It aint my faught No-one online is talking about this

    Aug 19th effective date

    Funds must be liquid & can't come from a family member and if funds come from a non-liquid acct. Funds must be seasoned.... Oh it aint my faught


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    15 minutos
  • A Mortgage Chance of a life time
    Aug 21 2024

    Leading forward through the NAR debacle

    Loan Officers opportunity to gain Market Share through relationships, out of the box marketing & truly knowing your skills/knowledge

    Why are you here?

    Persuasion

    Value Prop (Selling skills)

    Downpayment assistance programs

    100% Loan Programs

    Adding fees through the sales price

    The power of a knowledgeable Loan Officers

    Know the Title Agents as well

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    13 minutos
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